2003
  • Services

    29.12.2003

    Hip Hing Construction (China) Co Ltd acquired a 10% stake in the China Construction Third Engineering Bureau Co Ltd.

  • NWS Holdings

    01.11.2003

    Sky Connection Limited, which retails a series of duty free tobacco and liquor at Free Duty shops in the Hong Kong International Airport and the ferry terminals in China Hong Kong City and Shun Tak Centre, became a wholly owned subsidiary of NWS Holdings.

  • Services

    01.08.2003

    Kunming New World First Bus Services Limited, a joint venture between New World First Bus Services (China) Limited ("NWFB (China)") and Kunming Bus General Company, was formed to operate public bus service in Kunming, Yunnan. NWFB (China) had a 51% stake in the joint venture with a contract period of 30 years.

  • Services

    01.06.2003

    Chow Tai Fook Enterprises Limited acquired SGC (HK Group) Limited, the holding company of Citybus Limited.

  • NWS Holdings

    07.02.2003

    Consolidated shares under newly named NWS Holdings Limited began trading on The Stock Exchange of Hong Kong Limited.

  • Services

    01.02.2003

    New World Insurance Services Limited received approval from the China Insurance Regulatory Commission to acquire a 10% share in Guangzhou Da Cheng Insurance Brokers Limited (also known as Success Insurance Services Limited) to become one of the first foreign companies to invest in Mainland China's insurance brokers.

  • NWS Holdings

    03.01.2003

    The reorganization of New World Group was completed. NWS Holdings Limited, after changing its name from Pacific Ports Company Limited, became the Group's service flagship with diversified operations in service, infrastructure and ports in Hong Kong, Macau and Mainland China.

  • Services

    01.01.2003

    Secretaries Limited joined several share registration and business support service providers, operating under the brand name of Tricor Holdings Limited.

  • Infrastructure

    01.01.2003

    Xiamen Xiang Yu Quay Co., Ltd. (currently Xiamen New World Xiangyu Terminals Co., Ltd.) merged with Xiamen Xiangyu Free Trade Zone Huijian Quay Co., Limited. and Xiamen Xiangyu Free Port Developing Co., Limited to form a 50-year joint venture with a total project investment of RMB1.15 billion.